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That's a good thing if you're into value investing for long-term returns. If a strong or strengthening company is selling for less than it's worth, then it's ba
by TheAdamAndChe 9y ago
That's a good thing if you're into value investing for long-term returns. If a strong or strengthening company is selling for less than it's worth, then it's basically on sale. Such irrationalities are bad for short-term trading though unless you find a way to exploit such tendencies consistently.
- m3kw9 9y agoIs a P/E over 300 is that good value?
- TheAdamAndChe 9y agoI have no idea, and I have no idea if AMD is actually a good value at the moment. I'm still learning about accounting and investing in my free time. I'm mostly talking about the concept of stock price stickiness despite market changes in general.